The Martin Foundation Inc
The Martin Foundation Inc is a private foundation incorporated in 1953 in Indiana and based in Naples, Florida. The organization holds 501(c)(3) tax-exempt status, with its IRS ruling dating to 1960. It operates as a non-operating foundation with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$37.2M
+5.1% YoY
Annual Giving
$2.1M
-7.7% YoY
Grant Count
52
+10.6% YoY
Avg Grant Size
$41K
-16.6% YoY
Mission & Focus Areas
The Martin Foundation primarily supports nonprofit organizations in the Naples, Florida area, with selected grants also made to national organizations and projects. The foundation's areas of interest include:
- Social services
- Health
- Environment
- Arts and culture
- Civic affairs
- Education
- Children and youth
Types of support provided include general support, project support, building funds, matching funds, and equipment.
Grantmaking
The foundation made 44 grants in fiscal year 2024, totaling approximately $1.08 million. Notable recent grants include $200,000 to Vermont College of Fine Arts, $65,000 to Earthjustice, and $60,000 to Questscope.
Average Grant
$45,000–$47,000
How to Apply
**
Ready to take the next step with The Martin Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in Florida, California, and Minnesota, which account for 61% of all grants. Grantmaking reaches organizations across 17 states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending June 2024:
- Total assets: $37.2 million–$38.7 million
- Total revenues: $4.2 million
- Total expenses: $2.4 million
- Investment income and dividends: $936,597
- Net gain from sale of non-inventory assets: $3.3 million
Asset Growth: Total assets have grown from $21.8 million in 2011 to $37.2 million in 2023.
The foundation receives no grants or contributions; revenue is generated primarily through investment income and asset sales.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $37,202,025 | $35,404,736 | $37,118,560 |
| Revenue | $4,228,261 | $906,277 | $4,162,176 |
| Expenses | $2,430,972 | $2,620,101 | $3,163,258 |
| Qualifying Distributions | $2,162,023 | $2,340,668 | $2,735,728 |
| Net Investment Income | $3,926,357 | $729,302 | $3,829,433 |
| Distributable Amount | $2,338,984 | $2,215,632 | $2,422,784 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
196 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's trustees include Geraldine F Martin, Casper Martin, and Jennifer L Martin.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CASPER MARTIN | TREASURER | 2 | — |
| JENNIFER LMARTIN | SECRETARY | 2 | — |
| ELIZABETH LMARTIN | PRESIDENT | 2 | — |
Related Funders
Similar funders by location and focus area
Virgil P Warren Fdn Tr Ua
ORLANDO, FL
Assets
$4.2M
Grants
14
Total Given
$96K
The Fritch Foundation
FT LAUDERDALE, FL
Assets
—
Grants
17
Total Given
$167K
Leiman Asterisk Foundation Inc
DELRAY BEACH, FL
Assets
$1.2M
Grants
2
Total Given
$62K
Rachel Memorial Foundation
SANTA RSA BCH, FL
Assets
—
Grants
6
Total Given
$10K
My Brother'ssister's Keeper Charitable
ROYAL PALM BEACH, FL
Assets
$462K
Grants
1
Total Given
$50K
The Shore Lane Family Foundation Inc
BOCA GRANDE, FL
Assets
$335
Grants
20
Total Given
$430K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Martin Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities